You are the CEO of a general acute care hospital. An interventional cardiologist, who is the highest admitting physician for cardiovascular care, has presented you with a proposal for a new cardiac catheterization laboratory, which will cost $4,000,000 to build, equip and staff. Explain the steps your leadership team will use to assess capital cost and determine if the project is feasible.

 

After assessing the project, discuss the development of the capital budget, including all necessary steps.